Discovering Paradise on a Budget 5 Affordable Hilo Real Estate Rental Options to Call Home
Hilo Real Estate Rentals
474 Kalanikoa St # 104
Quick Facts
* Hilo is the largest city on the Big Island of Hawaii with an approximate population of 45,000 residents.
* Rental properties in Hilo vary from apartments, houses, condos, and townhouses.
* Median rent for a one-bedroom apartment in Hilo is around $1,200 per month and around $1,800 for a three-bedroom unit.
* Hilo has seen a 15-20% increase in rent prices in recent years due to growing tourism.
* Average lease length in Hilo ranges from 6-12 months for apartments and 1-3 years for houses.
* Lease agreements in Hilo usually require a security deposit of one month’s rent and application fees around $30-$100 per adult applicant.
* Some rentals in Hilo may include utilities, but this varies, with many owners only covering trash and sewage services.
* Vacation rental regulations in Hilo require permits and adherence to local zoning laws.
* A rental agent can charge up to 1-month’s rent as commission, but local property management companies usually offer month-to-month lease contract negotiations.
* Due to Hilo’s housing demand and restricted supply, vacancy rates remain below 5%, often resulting in competitive market conditions and difficulty finding a unit to rent.
New Listings & Properties for Sale in Hilo Real Estate Rentals
Apartments for Rent in Hilo, HI – Home Rentals
Hilo, HI Houses and Single Family Homes For Rent
Apartments for Rent in 96720 – Home Rentals
Apartments for Rent in Hilo, HI – Home Rentals
Finding the Perfect Hilo Real Estate Rentals for Your Big Island Getaway
Located on the eastern coast of the Big Island of Hawaii, Hilo is a charming tropical city surrounded by lush rainforests, waterfalls, and breathtaking natural scenery. Known for its rich cultural heritage, beautiful beaches, and active volcanoes, Hilo is an ideal destination for travelers, adventure seekers, and those looking to escape the hustle and bustle of city life. If you are considering visiting or relocating to Hilo, you will need to find suitable accommodations, and that is where Hilo real estate rentals come in.
In this article, we will explore the various options available for Hilo real estate rentals, including apartments, houses, condos, and vacation rentals. We will also discuss the benefits of renting in Hilo, the average rental prices, and provide tips on how to find the perfect rental property for your needs and budget.
Benefits of Renting in Hilo
Renting a property in Hilo offers numerous benefits, especially for those who are new to the area or prefer not to invest in buying a home. Some of the advantages of renting in Hilo include:
Flexibility: Renting allows you to try out different neighborhoods and locations without making a long-term commitment.
Affordability: Renting is often more affordable than buying a home, especially in areas with high property values.
Amenities: Many rental properties in Hilo offer amenities such as a pool, fitness center, and community garden that you might not be able to afford if you were buying a home.
No Maintenance: As a renter, you are not responsible for maintenance and repairs, which can be a significant cost savings.
Types of Hilo Real Estate Rentals
Hilo offers a wide range of rental properties to suit different needs and budgets. Some of the most common types of Hilo real estate rentals include:
Apartments: Apartments are a popular choice for singles, couples, and small families. They are often located in central Hilo and offer easy access to shops, restaurants, and entertainment.
Houses: Houses are ideal for families or those who need more space. They can be found in various neighborhoods, including downtown Hilo, Waiakea, and Keaukaha.
Condos: Condos are a great option for those who want to own a property but also want to enjoy the amenities of a resort. Many condos in Hilo offer stunning ocean views, a pool, and fitness center.
Vacation Rentals: Vacation rentals are perfect for short-term stays and can range from cozy studios to large houses. They are often located in popular tourist areas and offer a home away from home experience.
Average Rental Prices in Hilo
The average rental prices in Hilo vary depending on the type of property, location, and amenities. Here are some approximate prices for different types of Hilo real estate rentals:
Studios: $800 – $1,200 per month
One-bedroom apartments: $1,000 – $1,500 per month
Two-bedroom apartments: $1,200 – $2,000 per month
Three-bedroom houses: $1,500 – $3,000 per month
Condos: $1,000 – $3,000 per month
Vacation Rentals: $100 – $500 per night
Tips for Finding the Perfect Hilo Real Estate Rental
Finding the perfect Hilo real estate rental can be challenging, especially during peak season. Here are some tips to help you in your search:
Define Your Needs: Make a list of what you need in a rental property, including location, size, amenities, and budget.
Research: Research different neighborhoods and areas to determine which one is best for you.
Work with a Local Real Estate Agent: A local real estate agent can provide valuable insights and help you find the perfect rental property.
Check Online Listings: Websites such as Zillow, Trulia, and Craigslist often have a wide range of rental properties listed.
Visit in Person: Once you have narrowed down your options, visit the properties in person to get a feel for the area and the property itself.
Conclusion
Hilo real estate rentals offer a convenient and affordable way to experience all that the Big Island has to offer. With a wide range of properties to choose from, including apartments, houses, condos, and vacation rentals, you are sure to find the perfect fit for your needs and budget. By defining your needs, researching different neighborhoods, working with a local real estate agent, and checking online listings, you can find the perfect Hilo real estate rental for your Big Island getaway.
Whether you are looking for a short-term vacation rental or a long-term lease, Hilo has something for everyone. With its stunning natural beauty, rich cultural heritage, and active volcanoes, Hilo is a unique and exciting destination that is sure to leave you with lasting memories. So why wait? Start your search for the perfect Hilo real estate rental today and experience all that this beautiful city has to offer.
Photos of Hilo Real Estate Rentals
Frequently Asked Questions:
Hilo Real Estate Rentals FAQ
Q What types of properties are available for rent in Hilo
A Hilo has a variety of properties available for rent including apartments houses and condominiums Some properties offer amenities such as pool and ocean views while others are more basic
Q How do I find a rental property in Hilo
A You can find rental properties in Hilo by contacting local real estate agents searching online or driving around neighborhoods looking for for rent signs Many online websites also offer rental listings such as Zillow and Craigslist
Q What is the average rent in Hilo
A The average rent in Hilo varies depending on the type and location of the property However apartments typically range from 1000 to 2000 per month while houses can range from 1500 to 3000 per month
Q Are there any requirements to rent a property in Hilo
A Yes typically landlords require a credit check rental application and security deposit Some properties may also require a lease agreement and proof of income
Q How long does it take to rent a property in Hilo
A The time it takes to rent a property in Hilo can vary depending on the property and the landlord Typically it can take a few days to a week to secure a rental property
Q Can I rent a property in Hilo if I have a pet
A Some properties in Hilo allow pets while others do not It is best to discuss pet policies with the landlord or property manager before signing a lease
Q Is it possible to rent a furnished property in Hilo
A Yes some properties in Hilo are available furnished This can be convenient for renters who do not have furniture
Q Are utilities included in the rent
A Some properties in Hilo include utilities such as water and electricity while others do not It is best to discuss utility responsibilities with the landlord or property manager before signing a lease
Q Can I sublet a rental property in Hilo
A It depends on the lease agreement Some properties allow subletting while others do not It is best to discuss subletting policies with the landlord or property manager before signing a lease
Related Links & Information:
Zillow Rentals in Hilo
Realtor.com Apartments in Hilo
Trulia Rentals in Hilo
Redfin Rentals in Hilo
Hawaii Life Rentals in Hilo
